OGDEN, Feb. 12, 2018 /Standard-Examiner/ — A Centerville-based developer is considering a 79-unit housing development in the Shadow Valley area geared to moderate- and higher-income tenants.
JF Capital has proposed a 23-structure development at the 9.7-acre site of the former Intermountain Behavioral Health Institute in the 5000 block of Harrison Boulevard in southern Ogden, according to Ogden Planning Division documents. The ex-mental health facility is now vacant and the property owner, Intermountain Healthcare, which also operates McKay-Dee Hospital here, has been trying to sell the land, according to Intermountain spokesman Chris Dallin.
A J.F. Capital representative did not immediately respond to queries Friday seeking comment, but the firm’s plans, filed with the city, call for 79 three-bedroom, two-story town homes contained in 23 structures. The existing structures on the land would be razed and many of the trees on the plot would also be removed.
The Ogden Planning Commission on Feb. 7 considered a request for a conditional-use permit allowing J.F. Capital’s plans to move forward. The officials tabled action because they seek clarification on some of the project details, according to Clint Spencer, deputy planning manager for Ogden.
The developer hopes to move forward “sooner rather than later,” Spencer said. He’s not sure of the estimated cost of the project — called MODA Shadow Valley — and said the units would be geared to moderate- and higher-income users.
“At JF Capital we have a strong focus on urban and suburban multi-family housing,” reads the website of the company, which is developing several housing projects around Utah. “Key market and economic data has proven this sector in real estate to perform well over time, but only with the right locations, the right amount of leverage, superior innovation and unique management.”
Given the limited number of big land parcels in Ogden, Spencer said the proposal would probably rank as larger than normal here. Planning staffers recommend approval of the project, subject to a number of conditions, and Spencer said the planning commission is scheduled to take up the proposal again at its regular meeting on March 7.
A staff report singled out the location of the land along Harrison Boulevard, a busy thoroughfare, and indicated that it blends well with adjacent development. An apartment complex sits to the north while a 43-home subdivision is being developed to the south.
“The proposed development provides increased density housing units for the continued growth of the city along an advantageous transportation corridor,” says the report from planning officials. “The proposed development also strengthens the boundary between residential uses and (Weber State University) properties and uses further north.”
The project leaves more open space than required by city guidelines. J.F. Capital could have included up to 200 units in the development.